Tesla has slashed prices on its electric vehicles in the United States and Europe by as much as 20 per cent, extending an aggressive discounting strategy a..
After the price cut, the long-range version of the Model Y will qualify. 'SHOT ACROSS BOW' Shares in U.S. pre-market trading were lower, as investors worried the move might erode bumper margins, particularly as competition intensifies, even if it boosts sales volumes. Wedbush analyst Dan Ives said the move could boost global deliveries by 12-15% this year and shows Musk on the offensive.